Waec Model Questions Vol1 2023 Agricultural Science Question 10
Practice objective / multiple choice question 10 from the 2023 Waec Model Questions Vol1 Agricultural Science examination.
A small dairy farm has fixed costs of ₦150,000 per month. Variable cost is ₦30 per litre of milk produced. The farm sells milk at ₦45 per litre for the first 8,000 litres each month; any production above 8,000 litres is sold at a reduced price of ₦42 per litre. What is the minimum total milk production (in litres) per month required to achieve a profit of at least ₦20,000?
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About This Question
This is Waec Model Questions Vol1 2023 Agricultural Science Question 10. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Agricultural Science examination.
Difficulty level: Medium .
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